What now for Apple?
Posted on Wednesday, June 3rd, 2009 | In Stocks to Watch, VideosIn this week’s video we are revisiting Apple, Inc (NASDAQ_AAPL). I last looked at Apple on April 9th, when it was trading at considerably lower levels than where we are right now. At that time I made some projections using MarketClub’s Fibonacci tool, as to where I thought Apple was headed.
Obviously Apple has moved quite a bit and I want to revisit some of these key levels that I think may be a real challenge to this market in the very near term.
It’s a short video, but I’ll go into details about levels I think could affect this market.
MarketClub’s “Trade Triangle” technology has been right on the money with Apple and continues to maintain a long position from $103.60.
The videos are always free to watch and there is no need to register. I would love to get your feedback about this video and your own predictions about these markets on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Last 5 posts by Jim Musselwhite
- More than 130 banks will have failed by the end of 2009. Is Your Bank Safe? - November 18th, 2009
- If Stocks Tank, Shouldn't Gold Soar? - November 13th, 2009
- 10 Complimentary Lessons to Separate Yourself from the Investment Herd - November 11th, 2009
- Get a FreeWeek of Robert Prechter's Forecasts (7 Days, 4+ Letters, 100+ pages) - November 4th, 2009
- Complimentary eBook: How to Survive Deflation - October 23rd, 2009
Jim Musselwhite is the Publisher and Editor-in-Chief of StraightStocks.com
A long time investor himself, Jim set out to build a truly global resource for investors. His philosophy reflects the belief that, to be a successful investor, one must start by recognizing that Wall Street no longer represents the typical investor's interests. Successful investors must identify hidden investment opportunities in foreign stock markets. That means going beyond traditional tools like ADR's and emerging market funds to find truly spectacular investing opportunities for the long run.
StraightStocks.com makes it a point to locate content contributors who are experts at identifying and analyzing hidden foreign markets and investment sectors.
Jim has served in a variety of sales and marketing management positions over the last 25+ years with such Fortune 500 firms as Texas Instruments, NCR, AT&T, and more recently as Marketing/Alliance manager with a financial services firm specializing in tax compliance.
Jim is currently an independent online publisher. In addition to StraightStocks.com, he owns a number of authoritative website properties.
Educated at the University of Virginia (BA) and the University of Tennessee (MBA), Jim and his family now reside in Atlanta, Georgia.
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.